The branch will be in a 5,000 sq ft space on the ground floor. A senior Air India official said the company has agreed in principle to give space to the bank. “The branch will come up in the 5,000 sq ft space on the sea-facing side of the building. With the Bhartiya Mahila Bank, we will have two bank branches on the ground floor of the building — the other is a Bank of India branch,” said a senior Air India official.

The Bharatiya Mahila Bank, which is expected to start operations from November, is planning to open a modest 33,400 accounts through 39 branches in its first year.

The proposed bank, to be headquartered at Delhi, will have branches in four metros and one city each in Central and Northeastern part of the country.

As the launch date nears, there will be more clarity on the location of its branches, and business plans